SALAFIN (Groupe BMCE)CAS:SLF +2.48%45 PB Ratio is 1.61 as of Jun. 28, 2026, which is 25% below its 10-year median of 2.15. GuruFocus rates CAS:SLF with a GF Score™ of 45/100 and a GF Value™ of MAD578.36 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 524 Credit Services companies, SALAFIN (Groupe BMCE) ranks worse than 67.56% on this metric.
SALAFIN (Groupe BMCE) stock PB Ratio (=1.61) is close to 5-year low of 1.53.
The historical rank and industry rank for SALAFIN (Groupe BMCE)'s PB Ratio or its related term are showing as below:
CAS:SLF'
s PB Ratio Range Over the Past 10 Years
Min: 1.31 Med: 2.15 Max: 4.09
Current: 1.61
During the past 13 years, SALAFIN (Groupe BMCE)'s highest PB Ratio was 4.09. The lowest was 1.31. And the median was 2.15.
CAS:SLF's PB Ratio is ranked worse than 67.56% of 524
companies
in the Credit Services industry
Industry Median: 1.07
vs CAS:SLF: 1.61
During the past 12 months, SALAFIN (Groupe BMCE)'s average Book Value Per Share Growth Rate was -0.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SALAFIN (Groupe BMCE) was 10.30% per year. The lowest was -8.70% per year. And the median was -2.20% per year.
Back to Basics: PB Ratio
SALAFIN (Groupe BMCE) (CAS:SLF) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Credit Services subindustry, SALAFIN (Groupe BMCE)'s PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
SALAFIN (Groupe BMCE) PB Ratio vs Credit Services Industry
For the Credit Services industry and Financial Services sector, SALAFIN (Groupe BMCE)'s PB Ratio distribution charts can be found below:
* The bar in red indicates where SALAFIN (Groupe BMCE)'s PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
SALAFIN (Groupe BMCE) (CAS:SLF) has a PB Ratio of 1.61 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SALAFIN (Groupe BMCE) and its competitors. This is 25% below median its historical median of 2.15. Over the past decade, SALAFIN (Groupe BMCE)'s PB Ratio has ranged from 1.31 to 4.09. According to the industry distribution chart, SALAFIN (Groupe BMCE) ranks #354 out of 524 companies in the Credit Services industry, placing it in the top 67.6%.
Is SALAFIN (Groupe BMCE)'s PB Ratio too high?
SALAFIN (Groupe BMCE)'s current PB Ratio of 1.61 is 25% below median its 10-year median of 2.15. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 4.09. The Credit Services industry median PB Ratio is 1.07. SALAFIN (Groupe BMCE)'s value of 1.61 is 50.5% above this industry median. Based on the distribution chart, SALAFIN (Groupe BMCE) ranks #354 out of 524 companies in the Credit Services industry, which is below the industry midpoint. Overall, SALAFIN (Groupe BMCE) has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SALAFIN (Groupe BMCE)'s PB Ratio compare to V and MA?
According to the Credit Services industry distribution chart, SALAFIN (Groupe BMCE) ranks #354 out of 524 companies for PB Ratio. This places SALAFIN (Groupe BMCE) in the lower half of its industry. The industry median PB Ratio is 1.07. SALAFIN (Groupe BMCE)'s value of 1.61 is 50.5% above this benchmark. Historically, SALAFIN (Groupe BMCE)'s own PB Ratio has ranged from 1.31 to 4.09 over the past decade. While the company's 10-year median is 2.15 vs. the industry median of 1.07, SALAFIN (Groupe BMCE) has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Credit Services company?
The median PB Ratio among Credit Services companies is 1.07, based on 524 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SALAFIN (Groupe BMCE)'s current PB Ratio of 1.61 is 50.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on SALAFIN (Groupe BMCE) and its competitors. For the Credit Services industry, the median PB Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SALAFIN (Groupe BMCE)'s current PB Ratio is 1.61, which is 25% below median its own 10-year median of 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SALAFIN (Groupe BMCE) stock overvalued right now?
Based on GuruFocus' analysis, SALAFIN (Groupe BMCE) (CAS:SLF) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD578.36, compared to a current price of MAD449.90 — trading 22.2% below its estimated fair value. The current PB Ratio is 1.61, which is 25% below median its 10-year median of 2.15 and 50.5% above the Credit Services industry median of 1.07. SALAFIN (Groupe BMCE)'s overall GF Score™ is 45/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For SALAFIN (Groupe BMCE) (CAS:SLF), the current PB Ratio is 1.61 as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is SALAFIN (Groupe BMCE) (CAS:SLF) Overvalued in 2026?
Based on GuruFocus' analysis, SALAFIN (Groupe BMCE) stock appears to be undervalued.
The current stock price of MAD449.90 is trading 22.2% below its estimated GF Value™ of MAD578.36.
GuruFocus considers SALAFIN (Groupe BMCE) to be Modestly Undervalued.
Key valuation signals for CAS:SLF:
PB Ratio: 1.61 (25% below median its 10-year median of 2.15)
GF Value™: MAD578.36 vs. price of MAD449.90 (22.2% below fair value)
Industry Position: 50.5% above the Credit Services median (#354 of 524)
No single metric tells the full story. See the CAS:SLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SALAFIN (Groupe BMCE) is a Morocco-based company. It is a finance company. It offers consumer credit services. The company operates through various business segments that are Personal Credit, which include personal loan, and mortgage credit; Auto Financing, which provides car loans; and Revolving Credit.
45GF Score
Get the complete analysis for CAS:SLF
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